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What is a Spread in Forex Trading?
A Currency Pair will be quoted at two distinct values by Forex Brokers.The Price of the Bid and the Price of the Ask. The "Bid" is the price at which the Base Currency can be SOLD. The "Ask" is the price at which the Base Currency may be purchased. The difference between these two prices referred to as SPREAD
| Symbol | Description | Standard Spread | ECN Spread + $5 Commission | Islamic Spread |
|---|---|---|---|---|
| EUR/USD | Euro Vs US Dollar | 1.2 | 0.2 | 1.2 |
| USD/JPY | US Dollar Vs Japan Yen | 1.2 | 0.3 | 1.2 |
| EUR/JPY | Euro Vs Japan Yen | 1.8 | 0.4 | 1.8 |
| USD/CAD | US Dollar Vs Canadian Dollar | 2.5 | 0.4 | 2.5 |
| AUD/USD | Australian Dollar Vs US Dollar | 1.7 | 0.5 | 1.7 |
| EUR/GBP | Euro Vs British Pound | 1.4 | 0.5 | 1.4 |
| NZD/USD | New Zealand Vs US Dollar | 3.2 | 0.5 | 3.2 |
| AUD/JPY | Australian Dollar Vs Japan Yen | 2.1 | 0.5 | 2.1 |
| Symbol | Description | Standard Spread | ECN Spread + $5 Commission | Islamic Spread |
|---|---|---|---|---|
| GBP/USD | British Pound Vs US Dollar | 2 | 0.7 | 2 |
| EUR/CHF | Euro Vs Swiss Franc | 2.9 | 0.7 | 2 |
| NZD/CHF | New Zealand Dollar Vs Swiss Franc | 5.6 | 0.7 | 2 |
| CAD/JPY | Canadian Dollar Vs Japan Yen | 3.5 | 0.7 | 2 |
| USD/CHF | US Dollar Vs Swiss Franc | 2.2 | 0.7 | 2 |
| EUR/AUD | Euro Vs Australian Dollar | 4.7 | 0.7 | 2 |
| NZD/JPY | New Zealand Dollar Vs Japan Yen | 3.5 | 0.7 | 2 |
| AUD/CAD | Australian Dollar Vs Canadian Dollar | 2.3 | 0.7 | 2 |
| Symbol | Description | Standard Spread | ECN Spread + $5 Commission | Islamic Spread |
|---|---|---|---|---|
| CAD/CHF | Canadian Dollar Vs Swiss Franc | 3.6 | 0.7 | 2 |
| AUD/NZD | Australian Dollar Vs NewZealand Dollar | 5.4 | 0.7 | 2 |
| EUR/CAD | Euro Vs Canadian Dollar | 3.6 | 0.7 | 2 |
| GBP/JPY | British Pound Vs Japan Yen | 3.6 | 0.7 | 2 |
| NZD/CAD | New Zealand Dollar Vs Canadian Dollar | 7.3 | 0.7 | 2 |
| GBP/CAD | British Pound Vs Canadian Dollar | 5.6 | 0.7 | 2 |
| CHF/JPY | Swiss Franc Vs Japan Yen | 2.6 | 0.7 | 2 |
| Symbol | Description | Standard Spread | ECN Spread + $5 Commission | Islamic Spread |
|---|---|---|---|---|
| AUD/CHF | Australian Dollar Vs Swiss Franc | 3.4 | 1.4 | 3.4 |
| GBP/CHF | British Pound Vs Swiss Franc | 4.1 | 1.4 | 4.1 |
| GBP/AUD | British Pound Vs Australian Dollar | 6.7 | 1.5 | 6.7 |
| EUR/NZD | Euro Vs New Zealand Dollar | 9.3 | 2.2 | 9.3 |
| GBP/NZD | British Pound Vs New Zealand Dollar | 7.6 | 2.8 | 7.6 |
| XAU/USD | Gold Vs US Dollar | 4.2 | 1.3 | 4.2 |
| XAG/USD | Silver Vs US Dollar | 3.9 | 1.4 | 3.9 |
| WTI | CRUDE OIL | 5 | 10 | 5 |